All posts tagged: corona

Fourth Corona Tax Relief Act: important changes

Background On May 19, 2022, the German Bundestag passed the Fourth Act on the Implementation of Tax Relief Measures to Address the Corona Crisis (“Fourth Corona Tax Relief Act” or “Fourth Corona StHG”) to minimize the economic impact of the ongoing Corona-related restrictions and to provide additional investment incentives. Importantly, Federal Council approval is required (scheduled for June 10, 2022) […]

Economic stimulus package of the German Government: Measures at a glance

Economic stimulus package of the German Government: Measures at a glance The German Federal Government agreed yesterday, June 3, 2020, on measures to stimulate the German economy as a response to the implications of the Coronavirus-epidemic. The measures have still to pass through legislative procedures. In the following, a selection of planned tax-related measures is summarized. Reduction of value added tax: […]

Short-time allowance (Kurzarbeitergeld or KUG) during corona: FAQs

Short-time allowance (Kurzarbeitergeld or KUG) during Corona: FAQs A difficult economic development or an unpredictable event such as corona can make short-time work necessary in a company. The resulting loss of earnings can be partially compensated with short-time work allowance. At the end of April 2020, German Federal Employment Agency reported KUG applications submitted  by companies for more than 10 […]

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